BANK NIFTY HOURLY GANN PRICE AND TIME ANALYSIS 21 FEB 2024

Price has come to 47003.70 an important level in Gann System . High is 47136 is odd. We are approaching time squaring zone. Price is weak as per the price and time metrics of the Gan trading systems. Price needs to accelerate with respect to the time remaining. So Bank Nifty is very interestingly poised with divergence to Nifty 50. Wiil it surprise everybody on the upside by closing the gap and making new all time highs. Its an interesting scenario to watch. Gann has said price will face stiff resistance at the third section. We are making third attempt at it. Keeping watching the third dimension of volume after price and time to get a three dimensional view of markets. 29 Feb 2024 expiry is leap year expiry expect surprises like the day on 29 Feb 2016 bottom at 13407.25 eight years back. How time flies watching the market triggering the grey cells is amazing but then its been a satisfying personal journey.
Happy Trading !!!